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[sharechat] INL

From:	"Philip Robinson" <robph639@student.otago.ac.nz>
Date:	Thu, 29 Jun 2000 21:35:44 +1200

What are everyone's thoughts in INL and where they are going.
I cannot seem to explain via my digging why its PE is about 55. I have some
thoughts can people help
- a share spit always pushes up price
-  they own lots of SKY ( but they are currently loosing money)
- they have a new site that is going to loose money for years
- they own lots of newspapers, which from my point of view I am going to
stop buying if they offer the content free over the web eg. stopped buying
NBR now, that $7 more a week.

But I cannot explain the PE valuation. Can people offer any light on this?

Phil


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